By M&C Report team2010-04-28T12:40:00+01:00
Hospitality and retail businesses will benefit from a freeze to the business rates multiplier, though the move announced in chancellor Rishi Sunak’s spending review falls short of wider relief of the controversial levy.
The proposed tightened tiered system is a “straitjacket” on hospitality businesses and will destroy the sector if they go ahead, industry trade bodies have warned.
Chancellor Rishi Sunak suggested the 10pm curfew on pubs and restaurants will be lifted after lockdown, but warned that areas should prepare for tougher local restrictions.
News that the hospitality trade would once again be the worst loser from government restrictions over Christmas has been met with a growing sense of rebellion, as pub leaders suggested they may openly defy the rules.
Families will be able to meet two other households in private homes in a “Christmas bubble”, though this will not extend to meeting pubs and restaurants.
Nightclub operators will meet the Business Secretary this week in an attempt to secure a potential lifeline for the sector.
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